Tech Company Financing Transactions
1mg Funding Round
Maverick Capital, Omidyar Network and Sequoia India participated in a $16 million Series B venture round for 1mg. The round was announced on 4/21/2016.
Transaction Overview
Company Name
Announced On
4/21/2016
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Series B
Investors
Proceeds Purpose
Founder Prashant Tandon says the company's new funding will be used to build more analytic tools, expand to 30 Indian cities by the end of 2017, and enter new online health verticals.
Company Information
Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
Level 3 Vasant Square Mall Pocket V Sector B Vasant Kunj
New Delhi, 110070
India
New Delhi, 110070
India
Phone
Website
Email Address
Overview
We want you to understand the medicines that you take and that you give your loved ones. Buying medicines may require you to try 5 medical stores which are miles apart. We want you to be able to do it with a click.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Prashant Tandon
Chief Financial Officer
Sanjiv Gupta
Chief Operating Officer
Tanmay Saksena
Chief Technical Officer
Gaurav Agarwal
Co-Founder
Vikas Chauhan
Browse more venture capital transactions:
Prev: 4/21/2016: Lodgify venture capital transaction
Next: 4/21/2016: ForSight VISION5 venture capital transaction
Share this article
Where The Data Comes From
We do our best to document every notable VC transaction. VC transactions on this site are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs